Steel Mills
SSAB, Shape Join Forces on Automotive Fossil-Free Steel
Written by David Schollaert
June 21, 2022
SSAB and Shape Corp., have partnered to deliver fossil-free steel crash management and body structure systems to the US market, the steelmaker said.
The Grand Haven, Mich.-based tier-one automotive supplier of lightweight body structures, will be testing SSAB’s HYBRIT steel – made from hydrogen-reduced sponge iron – for use in automotive applications.
“We are excited to welcome Shape as our first partner for fossil-free steel in the US,” said Martin Lindqvist, SSAB’s president, and CEO.
Demand for fossil-free steel is increasing, he said, a driving force behind SSAB’s efforts to bring forward its “green transition”, focused on largely eliminating carbon dioxide emissions within the next decade.
“Shape continues to lead the industry with innovative, lightweight solutions for next-generation vehicles,” says Mark White, Shape’s president, and CEO. “I am extremely excited to partner with SSAB to commercialize their new fossil-free HYBRIT steel technology and to be first to market in crash management and body structure applications for our customers. We see this as a win for our customers, a win for the environment, and a win for Shape!”
Shape has pledged to reduce its global carbon emissions by 30% by 2030 and be fully carbon-free by 2035. White said that the partnership supports Shape’s sustainability goal.
Shape will also reduce end-user carbon emissions through lightweighting of the products it provides its customers, mitigating climate change effects, the company said.
Together with its green steel partners LKAB and Vattenfall, SSAB launched the HYBRIT initiative to develop a process that could virtually eliminate CO2 emissions in steel production by replacing coking coal – traditionally used for iron ore-based steelmaking – with fossil-free electricity and hydrogen.
SSAB is a Nordic and US-based steel company with mills in Sweden, Finland, and the US, and added facilities in 50 countries worldwide.
By David Schollaert, David@SteelMarketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Steel Mills
AISI: Raw steel production ticks back down
US raw steel output declined last week after increasing the week prior, according to the latest data from the American Iron and Steel Institute (AISI). Output has see-sawed from week to week since mid-August. Still, it has remained historically strong over the past four months and has held near multi-year highs since June. Domestic mills […]
Gerdau reshapes North American footprint as tariffs squeeze long steel imports
Gerdau is repositioning its North American business to capitalize on a sharp shift in steel trade flows driven by elevated tariffs across the US, Canada, and Mexico.
CRU: Interest in AHMSA is growing
Representatives of at least six companies interested in acquiring AHMSA have reportedly begun to carry out physical inspections of the insolvent company’s assets.
USW urges Algoma to diversify product line as $500M lifeline meets wider Q3 losses
The United Steelworkers (USW) is pushing for transparency after Algoma Steel announced earlier this week that it has received CA$500 million in financing from the Canadian government.
Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.